Consumer Resources

brief overview: FDIC

Protecting Your Money


You're not alone. It's natural for you to have questions about your money. And maybe you'd like reassurance that your money is safe. We want you to know we're here for you and to make sure you have access to the tools and resources you need to understand how FDIC insurance works.
 
First FarmBank is a member of the Federal Deposit Insurance Corporation (FDIC). So why is that a good thing?  
  • The Federal Deposit Insurance Corporation (FDIC) was created in 1933 to provide insurance protection for depositors of failed banks and to help maintain sound conditions in the nation's banking system.
  • The FDIC is an independent agency of the U.S. Government. Since its inception, the FDIC has responded to thousands of bank failures. All insured deposits of failed banks and thrifts have been protected by the FDIC.
  • The FDIC has launched a tool designed to help consumers learn about the benefits and limitations of deposit insurance. Visit https://www.fdic.gov/edie to find how insurance limits apply to your deposit accounts.
 
 
 
 

Calculators

Confident financial decisions begin with good information. Our calculators help you understand your options so you can plan for the future with confidence. But you're not alone in this. If, or when, you have questions, drop us an email or give us a call or stop by.